Investor's Edge with Gary Kaltbaum - Software DOA [03.24.2026]
Episode Date: March 24, 2026https://garykaltbaum.com/The opinions you hear on BizTalkRadio, BizTV, or BizTalkPodcasts are those of the hosts, callers, and guests and do not necessarily reflect those of BizTalkRadio, BizTV, or Bi...zTalkPodcasts, its management or advertisers. The information on BizTalkRadio does not constitute a recommendation, offer, or solicitation to buy or sell any product or securities. Please consult a professional before investing.
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Investor's Edge with Gary Coltbaum.
Straight talk about you and your money.
Now from the BizTalk Studios, here is Gary Cultbaum.
And welcome once again to Investors Edge.
I'm Gary Coltbaum, your host.
Thanks for being with us today.
Glad you here, ladies and gentlemen, happy that you're listening.
It's Tuesday, March 24th, 2006.
Hope you're having a good day.
I'm not.
I'm frustrated.
I'm demoralized.
I will explain right out of the box today.
But in case you don't know, this is serious talk on everything that affects you.
We'll do the markets, the economy, your job, your industry, corruption slees, criminal acts, debt deficits, scams, shams, whatever comes to mind.
And if you do not get this radio show in your city, we'll post it at garyk.com.
We'll also post on our X feed.
If you don't follow us an X, go ahead, put our name in.
We'll also post it on podcast apps as well as the YouTube channel.
Biz TV.
Ladies and gentlemen, my frustration, pissed off, demoralized, has everything to do with the markets.
And I don't believe anything I will say is hyperbole.
You know, there's been a running, I wouldn't call it a joke,
but a running joke on Wall Street almost basically laughed off,
but has a lot of people very upset.
And that is the insider trading of our corrupt political class,
the self-dealing of our corrupt political class.
And we can sit here and go through a laundry list of it.
a laundry list of it.
But the latest really has got me and should get you.
And I say that because we have to ask,
are they just now a criminal enterprise?
Are they just wanting to line their pockets?
We already know how Nancy Pelosi there is a tracker of her trades throughout the years.
They call her the greatest hedge fund manager ever.
But it's not just her.
There are people online that keep a running trade of all the politicians,
and they're just all scumbags.
They're on committees for defense.
and are trading in defense stocks.
They're on committees of health care
and they're trading on health care stocks.
They're on committees that make decisions
on this, that, and the other thing,
and they're trading on this, that, and the other thing,
and their trading has been flawless.
Doesn't that piss you off?
We go to jail for what they do.
And do you know for two or three years
they've been threatening,
they've been threatening to come up with legislation so they can't trade.
That's how bad it's become, but of course, nothing ever happens.
And then there was Monday morning.
$580 million in oil trades, 15 minutes before the president's announcement
about productive talks with Iran.
nearly 6,200 Brent and WTI contracts changed hands.
And of course, oil prices sank like a stone.
At the same time, massive futures were bought up on the stock market,
which gapped up and was up a thousand points before you can blink.
Somebody's a freaking crook.
somebody should be in shackles and have their asses hauled away.
1.5 billion dollar futures trade.
Place minutes before the pivot or whatever the hell you call it.
I call it Trump's BS.
You're not pissed?
And let me tell you where I am pissed today.
There's no investigation.
The president knows about this.
He reads everything.
He follows everything, which calls into question who did this.
And so far got away with this.
I'm so pissed off at this administration right now for doing nothing about it
because it should be evident that somebody very close to the decision maker acted on it.
Nobody puts that kind of money up before the market.
if they don't know.
And nobody's doing a freaking thing except, of course, the other side.
And for whoever did this, I can't wait until the Democrats win the House in November.
Because come January, the first subpoena will be of those trade records.
Good.
Damn good.
But we have to ask the question, where's the president?
where's the president on this?
Somebody made millions, if not tens of millions,
maybe it's hundreds of millions,
off of his statement before the market yesterday morning,
and he hasn't said a word.
Some Democrats have, who I can't stand
because they're in the soup also.
But this one just sticks in.
out. And you should see social media. Social media ripping the stuffings out of this. What's going on?
Should we put the words Gottis and Gambinos on the front of the White House and in the cabinet room?
You tell me, I'm not even talking about the war and he was all over the map today.
He can't even keep his story straight from 2 o'clock to 3 o'clock on war.
It was bad enough on tariffs.
You wouldn't believe some of the crap coming out of their mouths today.
But I digress.
What the hell is going on here?
A criminal acted on Trump's announcement Monday morning.
A crook.
And it hit me.
I'm so pissed because I believe in fair play.
Don't you?
Don't you want to teach your children?
Fair play.
Honesty.
Doing the right thing.
They suck.
Not a word.
Not a word.
And they want to know why they don't get my vote.
Why I went independent years ago.
We'll put a bow tie on it.
Then the markets.
Lots to cover.
This is the one only investors edge.
Hi, I'm Gary Kalbaum.
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It's time to switch on the integrator units and get the brain cells working.
You're listening to.
Hey, this promises to be fun.
Investors Edge.
The last bastion of quality programming.
With Gary Coltbaum.
It doesn't get better than this.
Do you know who I'm pissed for also?
You.
I'm pissed for all of you.
You're out there working hard to do better for yourself and your family.
some people just to make ends meet.
Some of you are doing okay.
Some of you are doing well.
Some of you are doing terrific.
And I'm talking about in your business life,
would I be forward in suggesting most all of you
are just plain old honest
and have no interest in cutting corners
that are downright ethically challenged,
or downright criminal?
Is that wrong to say?
Because I think I'm right.
I get emails from a ton of you.
I've heard a lot of your stories and your life.
And we have a bunch of freaking crooks in both parties in Washington, D.C.
Crooked, as can be.
And in plain sight that the people who are running the House and the Senate right now,
and the White House can be jumping all over this, and they're not.
Which begs the question, what do they know?
Because again, let me finish this.
There is no way in Hades anybody would be putting up those numbers before markets.
That wasn't a trade.
That was knowledge.
that was information
and they ain't doing squat about it
for all of you
I'm sick for you
they continue to hate us
they continue to give us the middle
finger on a daily basis
they continue to laugh at us and lie
it to us
but a few months before election
they're doing everything for us
we move on
so
software. As you know, November 4th, we called the Top On Software. At the time, you had Microsoft, Oracle,
and others, some big names really getting in trouble on a technical basis, but we didn't know what was
going to come from it. You never know. I mentioned maybe
a hundred times on this show already
that we're stunned. Oracle
has gone from 346
to 147
since September, even
though that 346
was often an announcement
of $500 million
backlog and the stock
gapped up.
And then it went through a few weeks of nothing
and then started to break
and we told you,
I think we had a 7%
position in Oracle. Don't quote me on that, but I think I'm right. We sold it 303. I think we made
20 cents. It's gone from 1.47. And it's done what we call the roadmap of bare markets.
Classically. But Microsoft also. Salesforce.com also. SAP, the big German software
company also, 313 down to 171.
And those are big names.
And then you have some sub-big names and then some sub-names.
Crowdstrike, a very famous, 567 to 393, riding the rails, that roadmap of bare markets.
And I have this left screen, we call it's the left screen.
Nothing political, just the left, it's where my screen is.
on the left side of my screens, and I have four of them.
And what we do with that screen is when something tops out in technology and breaks down,
we move it from our good screen to this left screen.
And throughout the months and months and months, we've ended up with hundreds and hundreds of names.
And a lot of them have just completely blown up names you have heard of in the software
Realm. You've heard of Intuit. 813 to 432. You've heard of that. You've heard a week
workday. You see that in golf. 276 to 130. Oh, and by the way, insiders are selling down here.
A couple of famous names. Palo Alto networks, you've heard of that one. 223 to 157. That's a good one.
well recently we had said to you
I think it was about three weeks ago
that we thought the software stocks
were trying to put in some sort of a low
that's exactly what we said
and what we said also though
but
that's because they're very extended to the downside
they had a big drop in February
and the story goes
well artificial intelligence is supposedly
going to take over
I don't know if that's going to be happening or not.
We hear it in some cases.
Well, they did rally them up, but anemically.
And last Friday started to roll them over.
The Friday before.
And what we mean rolling over, instead of a stair step going north,
it starts going south.
And all I can tell you is they blew them up again today to the downside.
they blew them up again.
They never made it
even to the all-important declining 50-day moving average,
which is the roadmap for a bare market.
And Microsoft, the new relative low.
SAP, a new yearly low.
Salesforce.com had a big insider buy.
He's getting his butt beat.
That's near New Yearly lows.
Oracle, these are the big ones.
Getting close again to New Yearly Lows.
That left screen I was telling you about
looks like the south end of a northbound jackass.
Go figure that out.
The screen was beat red today.
No let up.
Up next.
We'll put a bow tie on that,
and then we'll talk about the good side.
This is the one only Investor's Edge.
He's talking.
Investors Edge.
He's got to be pleased with that.
The crowd is just on his feet here.
He's a Cinderella boy.
With Gary Colbomb.
It comes highly recommended.
You're going to feel better if you talk to him.
By the way, here you go.
580 million oil trades made minutes before Trump's Key Iran announcement draw scrutiny.
Over half a billion dollars in oil bets were placed just 15 minutes before President Trump announced Monday.
He was pausing plans to.
attack Iranian infrastructure, sending prices plunging. In a narrow window between 649 a.m. and
650 a.m. Eastern time, about 6,200, this is the Post, New York Post. In a narrow window between
around the same time, volume in the S&P futures also spike with equity markets beginning to
move higher just moments later. Then at 7.04 a.m., Trump posted on, well, you know the rest of
the story. It was not exactly known how the trades were positioned, though the flurry of activity.
suggest the bets were on falling oil prices, duh.
It remains unclear whether the trades were placed by a single entity or multiple players.
Of course, they had to be smart the New York Post.
The next line, there is no evidence that your trades involved insider information.
I'll answer that.
You're damn straight they had inside information.
Anyway, that's that.
So just so you know, as I speak, the market finished down 80.
today, the NASDAQ 184, NASDAQ 100, 186.
A strong semiconductor group really helped out and a strong artificial intelligence list.
We've mentioned them to, Sienna, coherent, Corning, L-I-T-E, C-Gate, Western Digital, Terradine, and the like.
All had a very good day.
All helping out.
I don't see the news yet
There's got to be some news out of the president
Let me tell you what I'm seeing
It just happened a minute ago
The Dow in the aftermarket is up
360 points
Right now make that almost 400
The QQQQQ went from 584 to 591
we'll call it 1.4% in the aftermarket.
Still on the move.
Oil, the USO, I'm given to you, down $5 after the close.
The president must have said something else.
I have not seen it yet.
If it shows up, we'll be yapping about it.
I'm sure he said something about Iran.
So going into tomorrow, something going on.
Oh, no, that can't be it.
He said that an hour ago.
An hour ago, the president said Iran has agreed they will never have a nuclear weapon.
Well, that's BS.
That's just nothing new.
They've been saying that forever.
I don't see what changed the playing field as of yet.
again if I see anything I will let you know but everything is moving in the aftermarket let's
see I'm giving you the I have nothing new well at least we're going to have a good start tomorrow
and by the way it's still on the move the Dow now is up uh nearing 500 in the aftermarket
The USO is down $6 now in the aftermarket.
And I'm pretty sure any moment I'll get something.
And as we have said to you, they got to get out of this.
They got to get out of this.
They got to get out of this.
So something's up.
But I don't see something from the last two minutes.
Well, we'll see what happens overnight.
We'll see what happens.
And as I said, there's simple reasons why they have to get out of it.
I gave you six points yesterday.
Number six was they're getting destroyed.
The party, the president, the midterms, they're dead.
And they also know.
They absolutely also know the Dems are going to spend all their time on impeachment
and investigating a lot of shaky stuff.
And it's going to be subpoena city.
That's just one part.
But of course, the other part is you got to get out of this thing.
You say you won.
A few months ago, you said, we obliterated their nuclear.
Two weeks ago, you said, they are two weeks away from getting nuclear.
By the way, this is what we mean by.
They're a mess in their messaging.
I digress the semiconductors, the artificial intelligence optical storage, data, memory, very strong day-to-day in the face of a down 184, in the face of a down 184.
By the way, to tell you how crazy it is, because we're in the aftermarket right now, the down now was just up 500.
it's only up about 240 right now.
So it just dropped 260.
So who the hell knows what was said and where the market believes or doesn't believe it.
And I still don't see anything that move the futures as of yet.
But I'm sure we'll be getting it soon.
Yeah, nothing new.
Anyway, I hope you appreciate.
we don't hold back here
we don't play favorites
we don't see R or D
we don't
we're not in love with anybody
in fact we're not in like
with anybody
when I get emails from people about
oh this one and that one and he's only doing
no I deal with policy
and whether they
BSing us or not
because kids
there's just a whole load of BS
39 trillion of debt
says so
1.2 trillion a year now
lines at the airport
and each blaming each other
by the way the only
news I'm seeing after the market
is the U.S. is preparing options for military escalation
including boots on the ground
in the case peace talks fail
So I don't see anything that move the markets in the aftermarket, but I'm sure something will show up.
And by the way, if you are on Twitter or X, whatever they call it, go see everybody's reactions to what's going on in D.C.
I think there's a lot of fed up going on now.
A lot of fed up.
Jared Kushner just got another $2 billion for his fun from the Middle East.
It's just
I don't know what to say
Up next
We'll give you an update on the aftermarket
And what else we are seeing
I'm Gary
This is the one only investor's edge
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Culp
I must tell you
This is a little weird
so we went up 500
in the aftermarket
the Dow is up
let's call it
well it's back up to 300 now
but I have absolutely
no news
or words
from anything whatsoever
typically something like this
something would show up
on X
or on my little briefing.com
it's just a running news
thing of a Bob
and I don't know if I'm going to get anything before the show is over.
Oil prices are down,
the USO is only down three and a half right now.
It was down six.
So we'll see.
Something had to happen.
But let's get back to the good stuff.
The software stocks,
crap-a-matic.
Semiconductors getting that juice.
And they're up in the aftermarket pretty darn good.
Let me see how much.
A percent.
That's pretty good.
The artificial intelligence symbols, C-I-E-N-C-O-H-R, G-E-V, G-L-W-L-I-T-E-E-S-T-E-E-S-N-D-K, T-E-R-T-E-R-T-E-R-T,
WDC, all very strong.
And by the way, they're up in the aftermarket.
There's some sub ones I call.
We call them secondary names.
I'm not going to list those, but those are pretty much the big names.
Going into tomorrow.
I do have to mention Google or alphabet.
I still don't know why they change the name.
It looks like it may be starting to break down again pretty good.
go take a look at the chart of G-O-O-G or G-O-O-G-L.
Crypto, nothing going on.
And possibly, crypto's building another bare flag to break down out of.
I saw somebody on TV today that said Bitcoin's acting well.
Boy, I would a silly string that person if I was asking the questions.
or Super Soaker.
He lied.
That's what is known in my industry is talking the book.
Ah, here we go.
One month ceasefire to be announced.
That's what moved it.
One month ceasefire to be announced under mechanism being developed by Whitkoff and Kushner.
That's the news.
whatever that means.
That came out of Israeli Channel 12,
and there's your news,
which means I'm going to guess the worst may be over.
That would be the guess.
All right, so the news is out,
and we'll know overnight what the deal is.
And we're starting to move back up.
The Dow in the aftermarket now is back up.
Let's call it 360.
and nice move in the QQQ.
That's the big NASDAQ.
Let's call it.
It sounds minuscule.
It's a little over 1%.
It's called 1.2%.
It's a big 1.2%.
They needed to do this.
They needed to get anything done.
They needed to save face.
As we have said to you, and we take no joy, complete miscalculations.
Complete miscalculations by whoever made the decisions on our side.
On oil prices, the Strait of Hormuz, the capabilities of Iran.
So tomorrow looks like we'll open pretty good.
Unless that's a BS story.
But it came from Israel and one of their big stations.
So it doesn't matter what I told you about today's market.
we'll have a good open tomorrow if nothing changes.
And I'm just looking for movement in the aftermarket here.
Oil prices down about five bucks.
And I gather they'll be down a little more overnight if this sticks.
There's your answer.
Pay attention to that list that we told you about.
We were also going to tell you today we thought even though the market was down,
the broad market was a little better throughout the day, but that doesn't matter at this point either.
Oil stocks, defense stocks probably come in, but let's see if this news is true.
It has not come out of the president's mouth just yet.
Wow, a lot of movement today, huh?
And I pissed off, Gary.
I wish I could affect some change.
I got no say.
and those are in power
will only investigate
the other side as they say
and that's unfortunate
got another little bump
in the aftermarket
well the QQQ a little bit
of a bump we're up about
360 on the Dow
for tomorrow
and obviously what you do tonight
is see if the news is correct
but as of now
looks like they're trying to come up with
a one-month ceasefire.
And just so you know, we contacted them.
Not the other way around.
And again, no joy.
You all have a great evening drive carefully.
Again, let's hope we're out of this.
And when you get home, do like we do, quite simple.
Make sure you hug your family, hug your children.
They will feel better.
You will for better.
I promise stay well, be well.
Everything we say here is on behalf of you.
We care that much.
And let me repeat, we take no joy in some of the things we have to cover.
Stay well, be well to tomorrow.
Good night.
This has been Investors' Edge with Gary Cult Bomb on BizTalk.
To listen to past episodes or to get in contact with Gary, go to GaryK.com.
That's GaryK.com.
